Hungary-Germany economic ties on the upswing despite crises

The confidence of German investors in the Hungarian economy is unbroken, according to the Hungarian Investment Promotion Agency (HIPA) and the German-Hungarian Chamber of Industry and Commerce (DUIHK), the ministry of foreign affairs and trade said on Friday.

Prices increase 22.5 percent in November

Consumer prices in Hungary rose by an annual 22.5 percent in November, accelerating from a 21.1 percent increase in the previous month on higher household energy and food prices, the Central Statistical Office (KSH) said on Thursday.

Industry output up 5.9 percent yr/yr in October

Hungarian industrial output grew by an annual 5.9 percent in October, the Central Statistical Office (KSH) said on Tuesday. Adjusted for the number of working days, output increased by 5.1 percent.

Guest nights down 0.2 percent in October

Guest nights spent in commercial accommodations in Hungary eased by an annual 0.2 percent to 2.1 million in October, the Central Statistical Office (KSH) said on Monday.

Finance Minister: Hungary economy faces tough times

Hungary's economy and its players must prepare to perform in an increasingly difficult international environment, Mihaly Varga, the finance minister, told an annual event of the National Association of Businesses and Employers (VOSZ) in Budapest on Friday.

GDP up by 4 percent in Q3, KSH confirms

Hungary's GDP grew by an annual 4.0 percent in the third quarter, slowing from 6.5 percent in Q2, the Central Statistical Office (KSH) confirmed in a second reading of data released on Thursday.